Tag: Greensill
Credit Suisse is preparing to take legal action in London in the Greensill debacle
Credit Suisse headquarters in Zurich The “Financial Times” reported in the summer that Credit Suisse was investigating a lawsuit against Softbank. (Photo: Reuters) Frankfurt The major Swiss bank Credit Suisse…
Private banks reform deposit insurance
Frankfurt am Main Insurance companies, investment companies and public corporations and institutions, among others, are no longer to be protected. (Photo: dpa) Frankfurt The German private banks are fundamentally restructuring…
Die zehn kuriosesten Ärgernisse für Steuerzahler
Berlin Angesichts hoher Schulden und voraussichtlich knapp gefüllter Kassen in den nächsten Jahrzehnten kritisiert der „Bund der Steuerzahler“ Fälle von Steuergeldverschwendung. „Dazu gehören skandalöse Fälle, bei denen Milliarden Euro in…
The reform of the deposit insurance should be in place by the end of the year
Frankfurt Now it’s official: at a board meeting, the private banking association BdB accepted the Hamburg Commercial Bank (HCOB) into the voluntary deposit insurance scheme. The former HSH Nordbank got…
Profit collapses by more than a fifth
Credit Suisse The bank was able to release provisions for loan losses. (Photo: Reuters) Zurich The major Swiss bank Credit Suisse is restructuring its business and, after the series of…
Profit collapses by more than a fifth
Credit Suisse The bank was able to release provisions for loan losses. (Photo: Reuters) Zurich The cost of settling bribery and fraud proceedings and higher tax expenses brought about a…
Report on Greensill scandal has been delayed
Credit Suisse branch Investors are eagerly awaiting the final report on the investigations. (Photo: Bloomberg) Zurich, Frankfurt Credit Suisse’s internal processing of the billions in losses with the Greensill funds…
Bafin boss Mark Branson warns of bubbles in the markets
Mark Branson In his first interview, the new Bafin boss made it clear where the German financial market regulator must develop. (Photo: Jann Höfer for Handelsblatt) Frankfurt The financial supervisory…
Raid in connection with Greensill bankruptcy
Credit Suisse in Zurich The Swiss bank could feel the consequences of the Greensill bankruptcy. (Photo: Reuters) Zurich The bankruptcy of the British-Australian finance company Greensill Capital continues to make…
Why banks and insurers do not have to fear an in-depth examination in 2020
Frankfurt Many German banks and insurers should breathe a sigh of relief: Even for the 2021 financial year, they do not have to show their auditors how effectively they have…